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February 26, 2008

Slip-Sliding Away Economy  Peak Oil

The price of oil today set a new all-time record — again. It currently sits at $100.88 per barrel.

In related news, the dollar today fell to a new all-time record low against the euro — again. It currently sits at 1.5014 (i.e., it now costs more than a buck and a half to buy what a euro buys).

Oops.

Posted by Jonathan at February 26, 2008 05:35 PM  del.icio.us digg NewsVine Reddit YahooMyWeb

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